Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business, Safety

Truckers Against Trafficking Launches ‘Man to Man’ Awareness Campaign

A nationwide campaign aimed at raising awareness about human trafficking, and amplifying industrywide efforts was launched by Truckers Against Trafficking and key partners, the group announced Feb. 21.

Eugene Mulero | Senior Reporter
February 21, 2018
Business

Sales of Existing Homes Unexpectedly Fell in January

Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real-estate industry, a National Association of Realtors report showed Feb. 21.

February 21, 2018
Government, Business

Lawmakers Commence Fiscal 2018 Funding Bill Negotiations

A fiscal 2018 funding bill being negotiated is expected to provide a viable vehicle this year for advancing a meal and rest break provision for truckers which proponents argue would improve safety and efficiency.

Eugene Mulero | Senior Reporter
February 21, 2018
Business, TCA

Former Amazon Executive Joins Covenant Transport as Chief Transformation Officer

Covenant Transport Services has hired a former executive at Amazon and rival U.S. Xpress Enterprises to serve in the newly created position of chief transformation officer.

February 21, 2018
Government, Business

Idaho Hack Less Severe Than Projections Indicated

A recent cyberattack targeting the Idaho Transportation Department did not jeopardize as many truckers’ personal information as originally feared, according to an agency spokesman

Eleanor Lamb | Staff Reporter
February 21, 2018
Government, Business, Safety

Port Authority of N.Y.-N.J. to Dedicate $44 Million to Hudson River Tunnel Project

The Port Authority of New York and New Jersey voted on Feb. 15 to dedicate $44 million to the multibillion dollar Hudson River tunnel project.

Eleanor Lamb | Staff Reporter
February 21, 2018
Business, Technology, Equipment

Daimler Throws Shade at Tesla as Truck Rivalry Heats Up

Daimler AG cast doubt on Tesla Inc.’s plan to deliver electric heavy trucks next year, saying its more modest goal to start selling battery-powered big rigs by 2021 is more realistic.

Elisabeth Behrmann | Bloomberg News
February 21, 2018
Business, Logistics

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February 20, 2018
Government, Business, Fuel

Diesel Price Declines 3.6¢ a Gallon

The U.S. retail diesel average declined 3.6 cents to $3.027 a gallon, the Department of Energy reported Feb. 20.

February 20, 2018
Business, Technology

Ballard Fuel Cells to Power Large Deployment of Chinese Trucks

Ballard Power Systems Inc. announced the planned deployment of 500 licensed fuel-cell electric commercial trucks in Shanghai, purportedly the largest of its kind in the world.

February 20, 2018